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: the right to work vote will mean unions will no longer force workers to pay dues. that the birthplace of the powerful united auto workers union. martha: this has huge national implications over the power of organized labor. governor rick snyder believes there will be more job. he believes the protests hurt more than they help. here he is. >> if you go forward you will create a environment involving labor issues this could rise to the lebl level where i might not keep it off my agenda. i'm not happy about being in this situation. >> he has the responsibility as our leader avoiding this kind of a cliff. it is not, it is not good enough to be for him to say liks behind us. this will do the opposite. martha: there is the scene there. that is a live shot this morning. we were told there would be perhaps thousands of people gathering on the scene. certainly seems to becoming out to be that kind of a turnout. take a look at that this morning, 9:01 eastern time in lansing, michigan. the governor is set to sign this into law later today. it will become the 24th right to work state in the natio
a critical day in future of the unionized america. [bleep] [ yelling ] >> shut your mouth. it wasn't talking to you. put your hands on me and see what happens. >> this is -- >> leave us alone. leave us alone or we'll come for you and get you out of your position. >> eric: but this is probably the most dramatic fox news contributor getting sucker punched by the union thugs. watch. >> get the [bleep] out of my face. get the [bleep] out of my face. >> you hurt a lady -- >> i didn't hurt nobody. get the [bleep] out of my face. back off. back the [bleep] off. >> okay. [ yelling ] [bleep] [ yelling ] >> eric: so why so much anger? why the threat? the answer is simply this. the collective bargaining experiment in america is over. the unions are finished. whopping 20% of the workforce in michigan is one of the most unionized states in america. it's no coincidence that michigan is also the 46th worst state in unemployment. the unions know what is happening. they sense their demise. it's imminent. they're fighting to the bitter end. it won't matter. gor snider is doing what's best for the state? michi
mentioned. the union workers here believe that this is an attempt by governor snyder and republicans to break the back of the union and that a lot of nonmembers are going to actually benefit from generations much hard work that these union members have put in overtime, andrea. >> ron mott right in the middle of all of it out there in lansing, and joining me now from inside the statehouse, of course, the michigan governor rick snyder. governor snyder, thank you very much for joining us. tell me why now and why this issue, why take this on? this is not what you campaigned on. >> no. i appreciate that, andrea. it really goes back to last summertime. the labor movement, labor leaders were pushing forward something called proposal 2. they were doing signatures to put on it the ballot, which would have been a massive overreach into michigan's constitution regarding collective bargaining. i believe in collective bargaining, but this was way over the top, and i asked him not to go forward, and the reasons i said is you are going to start a very divisive discussion regarding collective bargai
's state of the union, jackie -- of the times picked up on something. >> he said you know, the republicans really ought to think about just declaring victory by going along with the president and senate democrats and taking the 98% of the tax cuts they agree on for everybody below $250,000 and just work next year on tax reform and see if they can get the top rate down again. it's hard to think that's not going to be where they end up, so why not make it clean instead of ugly. >> i think that it is true that many republicans are saying privately what tom cole said on this show, that they believe the politically expedient and right thing to do now is just to cut their losses, agree to tax rates going up for the most wealthy and really try for significant tax reforms so that 39.6% is going to be moot. >> if nothing is done by the end of the year to avoid the fiscal cliff, automatic federal spending cuts could impact the foot we eat. emily schmidt explains. >> preparing for holidays is a reminder of something else around the corner. >> i just can't imagine funding being cut at this point. it w
. let's begin here, a threat to the strength of the union. it's playing out moment by moment in michigan today. one of the most heavily unionized states in america. that state is on the verge of passing something called a right to work law that would make it illegal to force anyone to join a union or pay union dues if they want to take the job. you've got live pictures here in front of you from the state capitol in michigan. that's lansing. thousands of protesters, none too happy with those challenging this law. more than 600,000 michigan workers are part of a union. they belong. and if you do the math with the population, that works out to nearly 18% of the state's workforce. much higher than the national percentage as well. our alison kosik has been story all morning long and the noise level as well as the number of people seems to be growing. >> reporter: that's right. you know, as the day has progressed, you know, there's well over, i would say, 2,000 people out here. that is short, though, of the 1,000 that was expected. inside the capitol, though, there's a lot going on. for one, t
, rushing through legislation that substantial i will reduces union power by banning unions from requiring workers to pay union dues and online onshops that pay yub onwages. go governor snyder adopted the argument that he's freeing workers from having to pay union dues. >> i hope this gives the unions an opportunity to be more successful. by having an opportunity that really have to listen to all the workers there. and say, why are they delivering a value proposition that workers can stand up and choose to joined? >> the latest wave of union setbacks to hit the midwest and states where organized labor is traditionally strong like wisconsin and indiana. this time, however, it happened in michigan, the heart lanlds of the american labor movement. a state that's long been the spiritual center of postwar moern unionism. governor snider is a smart enough politician to recognize how powerfully with his constituents. parsing his words kierfully when he was asked about the right to work in february. >> the state legislature in indiana has recently and this is a state issue, taken up right to work.
americans willing to work for less slashed the union membership. organized later on the brink of collapse and the pressure is getting to them. what was a membership of hardworking men and women and big labor degenerated to band of anarchist thugs. peaceful protest given way to mob violence, vocal dissent turned to revenge. property destruction and violent assault. bob, you a bird's eye seat to. this got to be tough to come to term with the end of the movement. >> bob: you as delusional as you have ever been. the idea the labor move element go away because you wrote that crap is ridiculous. the fact of the matter is very few indense of violence yesterday. 13,000 people. and three or four people got in the hiddal of it. >> eric: why should there be any? >> bob: because you had people attacking the people. you have a tent that was there -- >> eric: you would -- [ overtalk ] >> bob: got us in trouble. got me in trouble. >> eric: this is america. peaceful protest is fine. we start to lay hands on people, game changer. >> greg: i don't know. bob convinced me. fight makings right. if you believe
cards for christmas? times have changed. i remember 8-8-88 like it was yesterday. . >> labor unions are sing an angry tune in motown. the signature on the right to work legislation makes michigan the 24th state to enact such a law preventing them from acquiring membership and dues. it's an important strike at organized labor in a strong union state. nearly in five workers are unionized. the massive protests with 12,000 strong reflect a backlash to what's happening in other parts of the country. it's not just wisconsin or ohio. they have become the latest scott walker. >> this guy who really looks pleasant enough, maybe it won't be so bad. the phrase right to work is a positive and up living message. can it do to unions? the law probably strengthens unions. >> if this is a right to work state, it makes it illegal for unions and employers to man tateidate that employees be part of the union or pay money to that union. >> or destroy when they have to stay afloat. one or the other. >> kagy gray is the reporter for the detroit free press and joins us now. this happened very quickly. it l
stands up for workers in michigan as governor snyder launches a stealth attack to strip union rights. congressman gary peters and cindy estrada of the uaw on what his move means to michigan workers that is coming up. >>> and later, your next vacation could be out of this world. find out how soon you're going to be able to blast off to the moon, and just how much it's going to cost you. share your thoughts with us on facebook and on twitter using the #edshow. coming right back. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the differ
breaking news. >> just say no! >> massive pro-union power and not enough to stop michigan's republican lawmakers from approving two bills making it illegal for public and private unions to compel workers to pay union dues a. short time ago, the michigan legislature okayed the bills despite protests of more than 10,000 workers who came out in the freezing cold to show their opposition. and past hour, republican governor rick snyder pledged to sign both in to law as early as tomorrow making michigan the nation's 24th right to work state. >> i didn't do this for the politics. this is a policy issue that came about because the proposal 2 went down and we had a large-scale discussion going on and best to say it's on the table. let's make decisions, move forward. this is to move michigan forward. about more and better jobs and worker choice. >> and one top union official has vowed to wage war against lawmakers that support the measure saying, quote, we are going to take you out. nbc's ron mott has the latest of lansing. >> reporter: good afternoon, tamron. protest is the word of the day. the
funder of the anti-union rights ambush attack that is going on in michigan right now. with support from conservative outfits like to mackinaw foundation and americans for prosperity, both of which are funded by the be afraid to vote billboards guy, michigan republicans have turned on a dime since they lost seats in this last election. they are moving now at lightning speed to strip union rights in the state of michigan, unilaterally, immediately, irreversebly, and without any meaningful chance for debate. it is the biggest political news in the country. on the anti-union side of the surprise attack, you will find the right wing institutes in the midwest and in the upper plains with funding from the voting is scary foundation. on the other side, fighting to defend union rights, you'll find, naturally, unions, which of course will be essentially gotten rid of with this legislation that the republicans and their conservative donors are pushing through. think about that. it's kind of a striking thing here. the raw political side of this. the nation magazine looked into who the supporters we
it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> we look back republican senator rand paul from the state of kentucky. senator paul, welcome, as always. i want to
a government agency for huge pro-union favoritism. congressman darrell issa will join us later on. and stocks are having a fine year. we'll take a look at how it may continue. >>> but first up, the questions and grieving continue in newtown, connecticut, tonight. police say it will be months before their investigation is finished. today, the first two victims from the massacre were laid to rest. nbc's jay gray joins us now from newtown, connecticut, with the latest. good evening, jay. >> reporter: good evening to you, larry. it seems like it just gets more difficult every day here in newtown. you talked about it. two of the young victims laid to rest today. 6-year-old first graders joined by their friends, classmates and families from this community, all struggling to get through this today. and when you stop and think they have to do this 18 more times for children and then the six adults, the teachers and the staff members who gave up their lives trying to protect the children inside that school, it's the beginning of what's going to be just a heart-wrenching process for this community. and
's cliff. that's not the only outrage coming from the unions this week. we are going to discuss that next. free market capitalism, best path to prosperity. this is something they learned the hard day the american people are tired of the status quo. >> who are you going to vote for? >> definitely not this guy. >> you know your money got him elected last time. >> i didn't give that guy a dime. >> yeah, you did. our union gave him a big chunk of your dues money. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. breaking news now from the asian markets. japan's nikkei rising to
don't like change. we feel comfortable in our lives and if you are in a union and doing well and look forward to your pension, why would you want that to change, you don't. that's why people come out and protest. the problem i have is not the freedom of speech, it is it the violent aspect that ends out where there is supposed to be tolerance and it often doesn't work that way. look at what happened to people who set up tents and in opposition to those who are protesting to have the union stay intact. >> two men with ski masks on cut the straps that tethered the tent to the ground and started to flip over the tables that had hot coffee on it and it was scary and people felt angry and they felt their personal space was invade their right to have their voice heard was trampled on. >> me and seven other men went in to get the people trapped in the back of the tent out. we made two attempts to get in there and we couldn't get halfway through the tent. it is it a large tent 30 by 60 feet. they were standing on the tent from the outside. you cont get in and push those people off. we couldn't
. president obama addresses unions today in detroit. >> what we shouldn't doing is try to take away your right to bargain for better wages. he still calls them right to work laws. they don't have to do with economics. they have over the do with policy. >> kimberly: eric has details. we have a jam-packed show. stay with us. ♪ ♪ um... uh... um... hm... umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes the most of you plan. only on verizon. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. ♪ ♪ >> eric: welcome back. president "o" to the belly of the beast today as michigan awaits governor snyder signature making the wolv
novels and the memory that we used to hate and fear and know very little about the soviet union. but there are remnants of the cold war that are fully alive and that matter a ton in the most dangerous place on the planet right now. that story's coming up. >>> the u.s. has military bases all over the world, right? our military is everywhere. the army recruiting website right now, the page on where might i end up serving if i signed up? it has a rollover map that shows army outposts sprinkled all over the world like glitter. the u.s. military, whether you think it is a good thing or a bad thing that this is true, has outposts covering the globe. in contrast, our old cold war adversary, russia, has one military outpost anywhere in the world that is not the former soviet union. they've only got one. guess where it is. that's next. >>> okay. it's october 1973. president richard nixon is up to his neck in the watergate scandal. the scandal that will soon topple his presidency. his vice president is just days away from resigning. the walls are closing in around him. and out of nowhere
. and also you have all these pro union protests happening not too far away in lansing, michigan. we have a correspondent there as well. we'll talk to here. jessica yellin to you in washington. and, first things first, you think here michigan, you think the birth place of unions and you think about all these people who are very frustrated with this, everything i read, it seems to be pretty much a done deal, this right to work legislation, that the governor has indicated he would sign. these are the folks who helped elect the president not too long ago. should the president step in and go to bat for them? >> well, you know, the unions have been enormously supportive of the president as you point out. not only during this campaign, not only as foot stole jer sold helping get out the vote, but also financially with their dollars. the white house already expressed its support for the unions opposing right to work legislation. one of a white house official put out a statement today, matt lairic, saying in part, let me find the statement, president obama has long opposed so-called right to work
'm sure it will. i agree with you. >>> the other story, tensions mounting in michigan as union workers are protesting a bitterly distributed right-to-work bill. nbc's rob mott now with the details. >> reporter: good day to you from the michigan state capital where we saw a lot of protesters out here protesting two measures that the house passed today that would bar unions from forcing people to join those unions as a condition of employment. sometime tomorrow governor rick schneider is expected to sign them into law make michigan the 24th right-to-work state in the country, joining a lot of others where the gop has majority in the state legislatures. now, a lot of these workers today were dismayed at the timing of all of this. this is taking place during a lame duck session of the legislature when a new body is being sworn in here, and in a month's time it's going to have a few more democrats than we saw here today, so when i sat down with the governor this afternoon i asked him why not delay this just a little bit longer, let a new body come in and give workers and people around the s
to wen a thermonuclear war with the soviet union long after there isn't one. we are still protecting germany, italy, england, and austria from staalin and his successors even though they are now strong enough to meet a threat which in fact doesn't exist. i just had my very able aid marcus rose check this for me. over the last ten years we have spent $3.8 billion in medicare. that's true. during that same period we spent $5.6 billion on the military. the military has been going up fast faster and it includes an awful lot of expenditure, unnecessary. we're reading today that canada is recoring whether they're going to buy the f-35. the f-35 is a very, very well conceived airplane that's proving to be a great financial disaster. if any agency, the decht housing, the department of education, the department of energy, had a disaster as remotely expensive to the taxpayer as the f-35 my conservative friends would be screaming. so yeah, i agree with them. ironically. that's one area where the republicans want to spend more, where mitt romney criticizes the president for not spending enough.
to one of the nation's largest unions, united auto workers. despite them standing on the state's capital, right to work was signed into law, making michigan the 24th state that bans employees having to pay union dues. contrary to popular opinion, it wasn't the plan of michigan's self-proclaimed, tough nerd. >> rick snyder for michigan. he's one tough nerd. >> now, while governor rick snyder may consider himself one tough nerd, to others, it's not the case. instead, he's one of the compliant puppets with big money donors pulling his strings. this is a backroom deal that goes on at local, state and federal rules. we need to follow the bills. oh, no, sorry, two bills, yes, and the dollar bills. the dollar, dollar bills, y'all. when it comes to legislation, snyder took everyone by surprise even before he became governor snyder, he said right to work was di- visive and not on his agenda. that's when he flipped the switch. according to the nation, once snyder changed his position money supporting the bill poured in from mack knack center, right wing think tank and the michigan basted progress
dues paying union members. perhaps you can clarify this on your show tomorrow. i'm proud to tell you george, we are union members. this is a union shop. here is my union card. >> here's mine. >> bill: i've been a member since 1981. we are a proud union shop and my brothers and sisters are here for you. ú [ ♪ theme ♪ ] >> bill: hello hello hello fellow americans! it is the "full court press" here on current tv. welcome, welcome thursday, december 13. great to see you today on a busy day in our nation's capital. congress scurrying around still trying to get something going on the fiscal cliff. and the latest poll shows that 2/3 of americans including a majority of democrats republicans and independents all say that congressional leaders meaning republicans should compromise so we can avoid going over the fiscal cliff. that means republicans must give up their insistence that the bush tax cuts continue for the wealthiest of americans because it ain't gonna happen. the president's not going to sign the bi
on the michigan state capital in lansing as apartment of a troeshlg union battle that's about to unfold. at issue, the so called "right to work." legislation is being pushed through the republican lawmakers that could come to a final vote as early as today. the law would might illegal to require an employee to pay union dues as a condition of their employment. opponents say the legislation threatens to weaken the influence of labor unions in a state that is home to the auto industry and has a long history of organized labor. during a visit to detroit yesterday where he intendeded to focus on the fiscal clivgs president obama waded head first into the union battle. >> what we shouldn't be doing is trying to take away your right to bargain for better wages. we shouldn't be doing that. you know, these so-called right-to-work laws, that i don't have to do with economics. they have everything do with politics. what they're really talking about is giving you the right to work for less money. you only have to look to michigan where workers were instrumental in reviving the auto industry to see how union
:00 eastern. coming up, greg will talk about the california teachers union that put together a grotesque cartoon that depicts the rich urinating on the poor. these are the teachers instructing the children of california. next. ♪ ♪ >> greg: the california federation of teachers have a video taxing the hell out of the rich. the animation is aimed at kids. narrated by ed asner. i believe he played rhoda. smear the 1% as evil. roll tape, roll tapers. >> over time, rich people decided they weren't rich enough so they came up with ways to get richer. the first is tax cuts. they said why should i care about other non-rich people. i can hire teachers, safety, waste disposal people to work for me for less money than taxes cost. i can do the rest of my taxes for me. >> greg: adorable. here is where it gets delightful. >> schools, public safety, the roads, parks. libraries. public transportation. all in decline. rich people didn't care. they said get what they deserve. ordinary people wonder why rich people needed so much money. the 1% said don't worry. this is good for you, too! because it wil
will be putting forward very specific proposals. i will be talking about them in my state of the union, and we will be working with interested members of congress to try to get something done. >> the president described specific measures that he would support. >> a majority of americans support banning the sale of military-style assault weapons. a majority of americans support banning the sale of high-capacity ammunition clips. a majority of americans support laws requiring background checks before all gun purchases. i urge the new congress to hold votes on these measures next year in a timely manner. >> the president's initiative will be led by vice president joe biden. in 2008, the national rifle association warned that joe biden will be the most anti-gun vice president in american history. >> the nra is -- an organization that has members who are mothers and fathers. and i would expect that they have been impacted by this, as well. and hopefully they will do some self reflection. there is a big chunk of space between what -- you know, the second amendment means and having no rules at all. a
to pay union dues. is this anti-union or pro business? how do you call it? >> i think it is an anti-union move. it will help businesses as well. a lot of people think it is a libertarian thing. it gets in the way of people's freedom of contract for employers to be able to say, i will only employ union workers. i can don't think these laws are a good idea. >> i'm very torn about this, john. i think requiring someone to pay fees to a union as condition of employment, that strikes me as wrong. on the other hand, my grandmother is with the internation international garment workers for three years. i think she would say, allowing people to piggyback on the gains made because you want to get out, i would v a problem with that too. i'm torn about this and i don't mean to sound wishy washi. >> i'm with you, bob. two, two, two mints in one. i think it is both anti-union and pro business. they are saying we are losing competitively to states like texas, north caroline why and virginia and others in the fights for workers. think i we all saw this coming. apple working with employers in asia to test
's right-to-work law. union leaders are focusing on upcoming gubernatorial elections. at the same time, looking at options on how to appeal the laws already in effect. the huffington post points out there's a slew of lawsuits, citizen's initiative, repealing legislation and line item veto. opponents' right-to-work laws are formulating a strategy of their own. if they got michigan perhaps this is where they'd move next. the top five states with unionized workforces. joining me democratic strategy steven albendor. high taxpayer debt could be the next after michigan. which next state might be in the cross hairs? >> the most interesting thing to me, indiana started this trend. all businesses started locating towards indiana. i'm originally from illinois. operations like a right-to-work state like indiana and now michigan, that puts a lot of pressure on people right now mop where are the jobs? essentially this is about jobs. what michigan is trying to do is get more competitive. people are leaving michigan because they can't find jobs. going to places like indiana, this is the next initiati
. >>> union supporters in michi n michigan -- they are headed to the governors desk. final approval could come next week. it would make michigan the 24th right to work state in the nation. >>> chris christie explains his change of heart of president obama. check out what he told jon stewart on "the daily show." >> people have different skill sets at different times. >> so he wasn't a leader until you needed leadership? >> maybe until he was presented with a stark opportunity. >> "thursday night football" the denver broncos beat the oakland raiders 26-13. that's eight straight wins for the broncos. one sad note. a fan fell from the top deck of the coliseum during that game. he is hospitalized and he is in serious condition. it's a dreadful thing. >> certainly hope he can recover. that's terrible. >>> let's turn and talk about a story we chatted about yesterday. the cover story for "time" magazine. we were talking about it and that was the picture. that's the commissioner talking about some of the ways he was hoping to reform the sport of football so it has less of a toll on the athletes. a
were the unions. >> and whenever big government and big business and for that matter big labor get in bed together, you better believe that taxpayers and consumers are both going to you know what in a very unpleasant way. >> and i am joined tonight by david cay johnston, pulitzer prize winning journalist and authority of "the fine print." so the bottom line is the united states government invested $49.5 billion in general motors. the united states treasury predicts that it will get back $28.7 billion from general motors. david, is this a losing proposition for taxpayers? >> oh, no, not at all. think of the costs if we had allowed general motors to fail, we would have lost literally a million jobs. we would have huge costs for disability, for welfare, for probably crime, with young people who can't find any kind of work. enormous costs. so this was a very cheap bargain. and don't forget, we gave $13 billion to bail out an aig/goldman sachs deal to goldman sachs. and in my book, the fine print, i tell about another $5 billion gift we made to goldman sachs that nobody else has reporte
the demise of the twinky and labor unions are threatening the big mac, fast food workers and what it means for your lunch. ♪ can't leave the table till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! ♪ ooh baby, can i do for you today? ♪ [ female announcer ] need help keeping your digestive balance? align can help. nly align has bifantis, a patented probiotic that naturally helps maintain your digestive balance. try align to help retain a balanced digestive system. try the #1 gastroenterologist recommended probiotic. align. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. d bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never
a jolt to the soviet union so athe time, this didn't seem so outlandish. >> fire. >> just think of what a nuclear explosion would look like up there. the u.s. government once considered it. cnn has documents and interviewed the leader of a once secret air force project titled a study of lunar research flights, with a just as low brow nickname, project a-119. what was it really? >> to evaluate the value of putting a small, emphasize small in this world anyhow, nuclear explosion on the moon. >> reporter: physicist leonard rifle, now 85 years old, led the project in 1958. it was the height of the cold war. america and the soviet union were in a nuclear arms race. the soviets 4 h just launched the first satellite, sputnik, and were ahead in the space race. u.s. officials needed a big splash. >> in comparison, the united states feared -- was feared to be looking puny, so this was a concept to sort of reassure people that the united states could maintain a mutually assured deterrence and therefore avoid any huge conflagration on earth. >> reporter: according to rifle's declassified report on
. how the unions get in there. >> andreson was a lot more clear. >> he's great. >> great job by andrew. make sure to join us tomorrow. that's it for us. "squawk on the street" is next. >>> all right. with that, good morning. welcome to "squawk on the street." live at the nyse. we'll continue to monitor what jamie dimon does at the deal mark conference. we await the federal reserve statement, and news conference in just a few hours. as for europe, some green arrows, despite a miss in the eurozone in production this morning. >> the road map starts this morning with, of course, the fed. expectations for revamped bond buying program. what will the economic forecast say about next year and what to make of the "wall street journal" story that says academics are driving monetary policy at secret dinners in switzer land. >> more counteroffers in the debt negotiations. it looks like corporate taxes are part of the deductions. >> costco beats by 2 cents, better sales and better sales and membership fees. >> some more reports about apple tv today. the journal said it's designing a high -- new hig
persons held as slaves. june 1941, adolph hitler's decision to invade the soviet union. august 1945, president truman's decision to use an atomic bomb against japan. tonight we'll examine the process of making a tough decision. we'll hear about major decisions on an international stage, about corporate decisions, and personal ones. from taking down the most wanted man in the world -- >> the president turned to us and said, i made my decision. we are going to go with the raid. write up the orders. >> -- to giving up a dream career. >> it was this sense of almost unreality, of just -- i'm not sure i know who i am. >> to uprooting a company culture. >> some people actually quit. >> to opening the door to a closed society. >> this is like a spy thriller. >> absolutely. >> each of my guests has wrestled with a difficult choice. they will take us through their deliberations, their fears, and how they made their tough decisions. >>> at 11:00 p.m. on may 1, 2011 201 20111, two blackhawks, a translator and a dog named cairo took off from jalalabad, afghanistan, to kill osama bin laden. >> th
will be awarded to an unusual recipient this year, the european union. norwegian nobel committee said it made its decision based on the work the eu has done promoting peace since world war ii. it comes as the eu is mired in the wor financist financial crie its founding. >>> the next hour of the cnn "newsroom" begins right now. >>> top of the hour. i'm don lemon. we're going to begin with breaking news on the fiscal cliff talks. president obama, house speaker john boehner met face-to-face at the white house today to try to prevent the fiscal cliff now just 23 days away. we don't have any details on their conversations, but reps for both sides say the lines of communication remain open. meanwhile, at least four republican senators now support a tax hike on wealthy americans. here is senator tom coburn of oklahoma. >> the fact is we're spending money that we don't have on things we don't absolutely need, and there's no grown-ups in washington that will say time-out, stop the politics, let's have a compromise rather than continue to play the game through the press and hurt the country. >> more on thi
of a union fight. i have a former governor of michigan here. plus, we'll talk fiscal cliff and debt ceiling with him. plus, one hatch of simpson-bowles. the erskine bowles half. the less dancing of the duo. why former chief of staff is growing more optimistic we'll be able to get a deal before the cliff dive. by the way, will he take a job in president obama's cabinet? i'll have that answer straight ahead. first, a look ahead at the president's schedule today. you can see it's michigan with the lunch time remarks. back to the white house before 5:00. [ male announcer ] when ziggy the cat appeared at their door, he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this strong, his family only feeds him iams. compared to other leading brands, it has 50% more animal protein... ...to help keep ziggy's body as strong as a love that reaches further than anyone's words. iams. keep love strong. ♪ don't know what i'd do ♪ i'd have nothing to prove ♪ i'd have nothing to lose [ male announcer ] zal
're really talking about giving you the right to work for less money. >> obviously a pro union crowd there. a lot of folks from the uaw there in detroit. but the president continuing the campaign-style effort. seems to be paying political dividends at least for now by rallying public opinion on his side on the fiscal cliff. the republicans, now that the election is over don't have a single figure who can go out to do the same thing. it gives the advantage to the president in terms of the bully pulpit. we'll see how negotiations turn out in the end. >> eamon, thank you very much. as always. despite president obama's objections and protests michigan will become the 24th right to work state. that may happen tomorrow. our next guest has a sample. please stop lecturing others and get your own job done. joining us is chase bolger, michigan speaker of the house. what is president obama doing? he did this in wisconsin and got whooped. is he going to get whooped here? >> good evening, larry. he did come, weighed in and he disagrees with us. that's okay. we disagree with him. >> what's wrong with a
minutes. meantime tomorrow three large national labor unions will begin a television ad campaign, urging the congress to reject cuts vital to social programs and make wealthy americans pay what the unions say would be their fair share in taxes. >>> with newtown, connecticut,
. >>> keep it here for "state of the union." it starts in about eight minutes at 9:00 a.m. eastern time. once again, you'll find that interview with treasury secretary tim geithner here on cmn. >>> apple, ocean, blue angel. what's with all these, i guess you could call them unusual baby names, and could they actually impact a child's development? we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male annou
, david carrier, national association of federal credit unions. i'm curious who you feel should be securitizing mortgages, and if you feel it's the banks, why should we trust them after what just happened? i'd like to hear from each of you, actually, on that one. thank you. >> do you want me to start on that? >> were you trying to direct that to somebody in particular? >> all three. >> all right, bob, we'll give you first crack, and we'll keep our other comments brief, however. >> i would say it doesn't matter so much who does the securitization. i think i would be in favor of trying a rule where loans going into securitization have to meet certain common sense standards. other loans that don't meet those standards could be made, but they would have to be kept by the lender. the securitizer could be a sort of public utility, or it could be opened up to any firm that wanted to go into that business. i think there's going to be huge debate over what structure makes sense, and i think it's going to be very difficult for congress to decide what is the right formula. >> i think i con
interview with george decay is coming up. we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with unlimited talk and text. get a droid razr m by mo
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